Of Saviors And Loans
September, 1990
Live long enough and you may get to write about a guy who starts out crusading against hotpants and ends up at the center of the biggest financial scandal in history. Charles H. Keating, Jr., has had exactly that career. How he found time to rule on other people's sex lives and still satisfy his own inordinate lust for money is a wonder.The Government bail-out of Keating's Lincoln Savings will most likely be the costliest of the 1000-odd savings-and-loan failures that should run taxpayers betwee...